Payment Processing | CoinPayments Blog

What Is a Payment Processor?

June 27, 2022June 13, 2022 CoinPayments

All online businesses thrive on digital payments, such as credit and debit card payments, electronic wallet payments, and even cryptocurrency payments. However, no eCommerce business can accept these digital currencies without a payment processor and payment gateway. Today, let’s take a close look at what a payment processor is, what it does, and how it works. We’ll also go over the types of currencies that payment processors accept and whether you can use a standard payment processor to accept crypto tokens at your eCommerce business. Payment Processors Explained Both retail…

Accepting cryptocurrency payments; it’s easier than you think!

January 4, 2022 CoinPayments

You’ve got a business, it’s doing well, but you want to tap into a new audience, namely cryptocurrency holders. Your product or service doesn’t have to be connected to cryptocurrency directly for you to engage this audience, they are just normal people who want the same items and services the rest of us do, they just would like to pay with their cryptocurrency. Maybe you’ve got friends who are into digital currencies already, maybe you’ve just heard about the huge rise in the value of them, but you now know…

The Evolution of Money: Origin and Stages Over Time

December 19, 2021December 20, 2021 CoinPayments

We all use money every day, but we barely give a thought as to its purpose, its history, or why money evolved from a basic barter system to numbers on a computer screen. That’s a shame because the evolution of money is a fascinating subject. Understanding how money began and evolved can help you better understand how new forms of currency, like crypto tokens, function for trade. Today, let’s break down the evolution of money in detail, going over its origin and its stages over time. What Was the Original…

TerraCredit (CREDIT)

August 5, 2020June 3, 2022 CoinPayments

TerraCredit (CREDIT): Designed for mass adoption CREDIT Quick Stats What is TerraCredit? A decentralized digital payment solution, CREDIT aims to become the world’s TOP currency for the unbanked adult population. CREDIT is built on Proof-Of Stake protocol and its speed allows for a fast transaction; Transactions on the TerraCredit blockchain show instantly and are coins are spend-able within 1 minute, making CREDIT a viable replacement to cash and a rewarding option attractive to new users. CoinPayments prides itself on the easy to use platform we offer and are always excited…

ILCoin

July 23, 2020February 2, 2022 CoinPayments

ILCoin (ILC): Where Not Only Cryptocurrency is Smart ILC Quick Stats ILCoin integration is now LIVE! Store, send and receive ILCoin payments in your CoinPayments wallet today! We are Introducing ILC Cryptocurrency ILCoin is mined using SHA-256 Proof-of-Work (POW) technology. The ambition of ILCoin is to become the foundation of a new, global digital currency-based economic system. ILCoin entered the market in 2015. Today, this Blockchain Project is more than just crypto: it focuses on solving some of the most pressing problems in the industry, increasing blockchain’s usability, and finding…

Binance USD (BUSD)

July 3, 2020June 3, 2022 CoinPayments

Binance USD (BUSD): A U.S. dollar-backed stablecoin BUSD Quick Stats CoinPayments is happy to have successfully integrated BUSD cryptocurrency to our growing list of payment solutions. Merchants can now choose to accept BUSD payments for their business. Binance USD (BUSD) is a 1:1 USD-backed stable coin issued by Binance. Launched on 5 Sep 2019, BUSD aims to integrate the stability of the dollar with blockchain technology. This digital fiat currency is issued as an ERC-20 token. Stablecoins have grown exponentially in popularity over the last years. And for a good…

GUAP Coin

June 30, 2020January 10, 2022 CoinPayments

GUAP Coin (GUAP): Is the cryptocurrency for the culture GUAP Quick Stats What is GUAP Coin? GUAP Coin is a decentralized digital coin founded by people of colour that can be traded between peers instantly. GUAP Coin is fast, secure, and highly scalable. Guap Coin is for everybody but our primary mission is to uplift those economic communities that have been left out of the cryptocurrency revolution. GUAP is a next-level initiative that infuses the “Buy Black” movement with blockchain technology to incentivize the black community to invest in itself.…

COINFEST 2018

April 5, 2018November 7, 2021 CoinPayments

CoinFest Vancouver: Lightning Edition By: Christina Succurro On April 6th, 2018 CoinPayments in partnership with Andrew Wagner will be hosting CoinFest, a mini Blockchain expo which aims to be the event equivalent to open source peer-to-peer technology. A local venture founded in 2013 returning for the second year in a row, to our very own Headquarters here in Vancouver BC. CoinFest has consistently provided opportunities for businesses and Crypto enthusiasts to casually connect over pizza and beer with some of the most influential people of the fin-tech world. An educational and…

NEO

April 5, 2018November 7, 2021 CoinPayments

NEO (NEO): An Open Network for Smart Economy NEO QUICK STATS The 9th largest cryptocurrency, with a total market capitalization of over 3 billion USD, NEO payment processing is available through CoinPayments. Since NEO rebranded from Antshares (ANT) in 2017, it has quickly gained momentum as China’s leading smart contracts platform. A currency inevitably compared to the Ethereum blockchain for their similarities, Neo and Ethereum are both open source, Turing complete platforms specifically designed to host smart contracts, initial coin offerings (ICOs) and dApps, respectively fueled by crypto assets. NEO…